South African budget retailer Mr Price on Thursday reported a 10.4% drop in annual earnings due to COVID-19 impairment provisions, and did not declare a final dividend in order to preserve cash.
Lufthansa shares jumped more than 27% in early trade on Thursday after billionaire investor Heinz Hermann Thiele endorsed a 9 billion euro ($10.12 billion) government bailout to rescue the carrier hit hard by the coronavirus pandemic.
Restaurant chain Chuck E. Cheese parent CEC Entertainment Inc [CEII.UL] said on Thursday the company and its domestic affiliates have filed for Chapter 11 bankruptcy as a result of the ongoing coronavirus crisis.
China has urged more than a dozen provinces to take precautions against another round of heavy rain in the next few days after turbulent weather brought floods to large swathes of the country this month.
Australia's Orocobre Ltd on Thursday warned sales volume of lithium carbonate would more than halve in the June quarter from its flagship Olaroz mine, and brought forward its scheduled maintenance period for the Argentinian project.
Australia's Orocobre Ltd on Thursday warned of a nearly 53% drop in sales volume of lithium carbonate in the June quarter from its flagship Olaroz mine, hurt by restrictions amid the coronavirus pandemic.
Qantas Airways Ltd on Thursday said it would raise A$1.9 billion ($1.30 billion) in equity, cut at least 6,000 jobs and ground 100 aircraft for up to 12 months and some for longer as part of its plan to deal with the coronavirus crisis.
Qantas Airways Ltd on Thursday entered a trading halt pending the release of an announcement about a capital raising including an institutional share placement and share purchase plan.
Argentina is examining alternatives to the planned expropriation of financially ailing soymeal exporter Vicentin, including a possible private-public partnership, Production Minister Matias Kulfas and other sources close to the talks said on Wednesday.
U.S. President Donald Trump signed a memorandum aimed at protecting American lobster fishermen who have found export markets drying up, a White House adviser dubbed the "lobster king" said on Wednesday, adding China could face new tariffs.
The Trump administration has determined that top Chinese firms, including telecoms equipment giant Huawei Technologies and video surveillance company Hikvision, are owned or controlled by the Chinese military, laying the groundwork for new U.S. financial sanctions, according to a document seen by Reuters on Wednesday.
The Trump administration has determined that top Chinese firms, including telecoms equipment giant Huawei Technologies and video surveillance company Hikvision, are owned or controlled by the Chinese military, laying the groundwork for new U.S. financial sanctions, according to a document seen by Reuters on Wednesday.
Two prominent U.S. Senate Democrats are pressing America's top meatpackers to disclose by month's end how much pork, beef and chicken they shipped to China during the coronavirus outbreak while warning of possible meat shortages at home.
Upscale retailers including Nordstrom Inc, privately-owned Saks Fifth Avenue and jeweler Tiffany & Co, reopened their large New York City flagship locations on Wednesday with reassuring signage and sanitizer stands to calm shoppers worried about the coronavirus pandemic.
The Trump administration has determined that top Chinese firms, including telecoms equipment giant Huawei Technologies [HWT.UL] and video surveillance company Hikvision, are owned or controlled by the Chinese military, laying the groundwork for new U.S. financial sanctions, according to a document seen by Reuters on Wednesday.
Canadian carrier WestJet said on Wednesday it would layoff about 3,300 employees, as it looks to save costs amid the economic turmoil stemming from the COVID-19 pandemic, which has severely hurt air travel.
The Trump administration has determined that top Chinese firms, including telecoms equipment giant Huawei Technologies [HWT.UL] and video surveillance company Hikvision, are owned or controlled by the Chinese military, laying the groundwork for new U.S. financial sanctions, according to a document seen by Reuters on Wednesday.
CrossFit Inc founder and former chief executive Greg Glassman has decided to sell the fitness company to Eric Roza, two weeks after stepping down amid widespread criticism for his tweet on the death of African American George Floyd in police custody.